
OVERVIEW
Atlantic Emergency Solutions (AES) is the premier provider of emergency vehicles and equipment for first responders, with locations spanning throughout the Mid-Atlantic and Southeast. AES engaged RCR to assist in locating a facility in Charlotte, NC to support an existing and growing client base. AES had been searching to purchase industrial property in Charlotte, NC for some time, without much success due to tight market conditions. RCR was able to expand the search and think creatively about some opportunities that could allow AES to enter the market.
RESULTS
Given the tight market conditions, RCR created a campaign to individually call the industrial brokers that are active in the Charlotte area. RCR was able to uncover a unique opportunity that allowed an opportunity to structure a lease with a definitive option to purchase, with a portion of rent credited at closing. The deal was creatively structured to allow AES to achieve their goals, and allow the Landlord to find a suitable 1031 solution in a difficult investor market. The results were a successful outcome for AES that will allow them to continue to grow their presence and customer base.